EncounterCare announces proposed new OTC rule
PALM BEACH GARDENS, Fla., Jan. 07, 2020 (GLOBE NEWSWIRE) -- EncounterCare Solutions (ECSL) Pink Sheets. EncounterCare Solutions is pleased to announce that the OTC has recently published comments to SEC’s recent proposal to Rule 151-02 which governs public quoting of securities on OTC QX, OTC QB, and pink numbers. The rule proposal would require among other things that annual information about a company be publicly available in order for the company to be quoted on the OTC markets. The SEC’s proposal recognizes the OTC market group disclosure standards and would permit broker-dealers to rely on annual information designated to submit quotations in these securities and bring these companies to the public market. ESCL has been a currently reporting company for approximately 10 years. According to the OTC, this also would have significant value to other applications like the important issues of Rule 144 and the ability to deposit shares.
Ronald Mills, President of ECSL states that he is excited about this new proposed action. He further added that Encountercare Solutions is very supportive of this new rule and encourages its adoption. He believes this will allow small but legitimate companies to better meet the needs of their stockholders and give those stockholders a much easier path of monetizing their investments by depositing their stock and executing their trades in a more conventional stock portfolio transaction.
About CyberFuels™: CyberFuels Inc. delivers custom blended regular and synthetic alcohol enhanced fuels to suit almost any engines need.
EcoFlex96™ offers high octane alternatives to regular gasoline. Our gasoline and alcohol blended fuels offer superior performance over similar traditional gasoline blends. Unlike other fuel options, there is no need to retrofit the vehicle for consumption of our fuel blends.
All of our fuels can be transported, stored and pumped like regular gasoline.
The CyberFuels lines of products also include our “Dynamo™” brands.
Dynamo™ Diesel Cetane Booster:
Independent lab certified to reduce Diesel Particulate Matter (DPM) by 20% and overall emissions by 21% and has been shown to deliver an average Cetane rating over 52 when added to regular diesel fuel at fill up. Dynamo™ Diesel Cetane Booster also improves engine performance, power, and increases miles per gallon along with improving cold flow, increasing lubricity and cleaning fuel injectors.
Dynamo™ Gasoline Octane Booster:
Improves octane and increases the miles per gallon (mpg). Dynamo™ Gasoline Octane Booster allows consumers to purchase regular 87 octane gasoline and increase the power and performance of that fuel to equal that of superior high test 93 octane gasolines, by adding a bottle of our Dynamo™ Gasoline Octane Booster to their tank at fill up.
Certain statements and information included in this press release constitute “forward-looking statements” within the meaning of the Federal Private Securities Litigation Act of 1995. When used in this press release, the words or phrases “will likely result,” “expected to,” “will continue,” “anticipated,” “estimate,” “projected,” “intends,” or similar expressions are intended to identify “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks, known and unknown, and uncertainties, including but not limited to, economic conditions, dependence on management, dilution to shareholders, lack of capital changes in laws or regulations, the effects of rapid growth upon the Company and the ability of management to effectively respond to the growth, demand for products and services of the Company, newly developing technologies, its ability to compete, conflicts of interest related to party transactions, regulatory matters, protection of technology, lack of industry standards, the effects of competition, and the ability of the Company to obtain additional financing. Such factors could materially adversely affect the Company’s financial performance and could cause the Company’s actual results for future periods to differ materially from any opinions or statements expressed within this press release.
Contact: Bill Robertson Ph. No. 604 837 3835